Canada May Offer Subsidy to Save Ontario Chrysler Plant

Newswire

By Randall Palmer and Solarina Ho OTTAWA/TORONTO, Feb 12 (Reuters) - Finance Minister Jim Flaherty, freshly armed with C$500 million ($455 million) to subsidize Canada's auto sector, signaled on Wednesday the federal government might offer substantial cash to keep Chrysler Group from closing an Ontario minivan plant. Fiat SpA Chief Executive Sergio Marchionne said last month that Chrysler could scrap an upgrade of the Windsor, Ontario, plant and move production and jobs elsewhere if ...

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